The past few hours we've seen a breakout from "level 1 Support" trending towards $10,000.00. The Bearish scenario implies that the good news that has been made in the past 24 hours will have no lasting effect to influence buying and the pattern will continue to downtrend. The Bullish scenario we will see strong buying passing $10,000.00 and the price reaching...
if $6k was a floor or not. The choppiness has definitely told me to patiently wait for trending behavior again. However, in the interim, some patterns can be visualized - whether or not they have practical merit is another story. So, this post is merely highlighting it with neutral outlook on its resolution. Yes, I'm using the 15 minute chart here to evaluate...
BTCUSD - Possible new target below 5216 is the 2400 handle. Calculated using a fib projection form the previous bounce. I haven't seen any selling climax yet to indicate a reversal. 2400 level looks like a good buying opportunity if buyers turn at this level.
The Red Wavy line is the 50-day Moving Average on the 4hour Chart. This is acting as resistance.
The Blue Wavy line is the 20-day Moving Average and that is closing in on the 50. It too is acting as resistance.
The Gold Wavy Line is 9-day MA and it follows along.
The regression channel indicator captures the bearish trend nicely. However, this tool is showing...
Things going as anticipated in the video yesterday.
Bulls topped out in the later afternoon/evening and consolidated to form a higher low on the 4 hour.
EMA 12 and 26 resistance on the 4 hour currently keeping the price contained.
Bulls need a break for continuation on this bounce.
If we cannot break the high of the bounce this morning, look for a lower high and...
Flags formation are some of my favorite patterns. It usually signals a good potential for continuation of the trend. If broken the next target would be near 0.00085
The big 3 have been greatly outperformed by other investments and will continue to do so, in terms of % returns.
If you feel like you "wish" you bought ETH, LTC or BTC at the beginning of this year, just know there is better opportunities in terms of returns.
Currently our team is looking at:
- SNOV
- DRGN
- HUSH
- SPHTX
- RVT
- MSP
- LUX
- XMG
- DBC
-...
Can't set accurate targets because manipulation seems clear in history, but large upside on this one.
Broke out of accumulation in December and has been up trending.
Buy small bag, set and forget.
Let's sum up the results of 2017.
Bitcoin surprises the whole world, people psychologically break down in front of the rapid growth and start nervously buying. Cryptocurrency is being introduced into our life, blocking is used by the largest companies, countries. Smart contracts lead into action. TECHNOLOGY!
Bubble, the machinations of the century, charlatanry,...
LTC is forming an ascending triangle (not a perfect one) which, if it plays out, will confirm a trend continuation.
The white LSMA is pointing straight to the upside and indicates a trend continuation as well.
On the other hand the IDDQD line (green) turned down, so the trend might drop to the downside of the ascending triangle . That's the reason why I dont...
WAVESBTC Middle - Term Analysis
Downtrend is broken through after 6 months!!
December 22 will be activated Waves-NG. (The fastest blockchain in the world)
You can see some profit levels. My sell order is set on 60% profit, but i will actively manage the trade.
What do you think about this
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